SoFi Becomes First U.S Bank to Offer Consumer Crypto Trading
- SoFi becomes the first U.S. bank to offer crypto trading under a national charter.
- Customers can now buy, sell, and hold Bitcoin, Ethereum, and Solana on one platform.
- The move bridges traditional banking and digital assets, setting a new industry standard.
SoFi Technologies has launched consumer crypto trading, making it the first nationally chartered U.S. bank to bridge banking with digital assets. Customers can now buy, sell, and hold cryptocurrencies, including Bitcoin, Ethereum, and Solana, all on a bank-grade secure platform. The launch marks a turning point, as crypto trading enters federally regulated banking for the first time. The phased roll-out began on Nov 10th, 2025.
Bridging Traditional Banking and Crypto
The new service, called SoFi Crypto, is designed for both first-time investors and experienced crypto users. Under strict banking oversight, SoFi facilitates access to digital assets while guaranteeing adherence to federal laws.
According to Anthony Noto, SoFi CEO, blockchain technology can make money movement faster, cheaper, and safer. Additionally, it creates new avenues for borrowing, investing, spending, and saving. SoFi seeks to offer these advantages along with the security of a bank that is subject to regulation. The platform’s design prioritizes security, transparency, and stability. It provides a controlled substitute for conventional cryptocurrency exchanges.
Other US banks might be influenced by SoFi’s action to reevaluate their digital asset offerings. Competitors like JPMorgan and Citi could face pressure to attract younger, crypto-native customers. This could hasten the integration of fiat banking with on-chain assets.
Regulated Innovation and Consumer Demand
Interest in digital assets is rising, with crypto ownership doubling in 2025. 60% of members who own cryptocurrency, according to SoFi research, prefer trading through a licensed bank rather than independent cryptocurrency exchanges.
The launch taps into growing consumer demand for regulated, safe platforms for managing digital investments. SoFi intends to further incorporate blockchain and cryptocurrency into its operations. Future initiatives include crypto-enabled remittances and cross-border payments using Bitcoin Lightning.
By providing crypto trading, SoFi integrates access to digital assets with deposit accounts, loans, and investment services. Platform stability and operational efficiency are ensured by the phased rollout, which permits incremental scaling. The initiative demonstrates how regulated banks can safely provide crypto services without compromising compliance standards.
Noto emphasized that SoFi aims to help members “get their money right” while setting a new benchmark for regulated digital finance. With this launch, cryptocurrency is no longer only available on unregulated platforms, marking a significant shift in U.S. banking.
As banks experiment with on-chain asset management, this development also puts regulatory oversight to the test. SoFi’s approach may shape how regulators balance innovation with systemic risk. SoFi establishes a precedent by combining fiat banking and cryptocurrency trading under a single federally regulated organization. The action may influence future financial integration in the United States.
Related: Brazil Central Bank Unveils Crypto Rules to Curb Illicit Use
As SoFi Crypto expands, it could redefine consumer expectations for banking and investment services. The bank presents itself as a pioneer in the integration of digital technologies with traditional financial infrastructure. SoFi offers its members a safe way to trade in cryptocurrency markets while adhering to regulations, all under federal supervision.
The introduction of SoFi’s crypto is a landmark development in American finance, proving that digital assets can coexist in highly regulated banking environments. The integration of crypto trading into a national bank platform signals a broader trend. It shows how digital finance is becoming more widely used in regulated settings.
